Renovated 4-Unit
New
For Sale
$795,000
2018 S 9th Street, Saint Louis, MO 63104
Residential Income, St Louis, MO
Property Size4,946 SF
Price / SF$160.74
Days on Market1
Property Features for 2018 S 9th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 2, Bedroom 4, Bedroom 1
Parking features
Off Street
Basement
Concrete
Subdivision
Soulard
Elementary school
Sigel Elem. Comm. Ed. Center
Middle school
Fanning Middle Community Ed.
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Standard status
Active
APN
0684-00-0033-0
Size
4,946 SF
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1848
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1906
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
The Agency
(314) 677-1477
Listed By:
Anthony Klier · License #2022012991
(314) 517-1925
Added: Oct 14
Last Checked: Oct 14 at 10:06PM
MLS# 26065791
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,946-square-foot quadplex contains four two-bedroom, one-bath residences. A full interior renovation brought new kitchens and bathrooms, quartz counters, stainless appliances, matte black fixtures, wide-plank flooring and marble-look tile; exposed brick remains part of the interiors. New air conditioning, furnaces, water heaters, appliances and roof are also noted. The building dates to 1906 and has brick construction, forced-air heat and central air conditioning.
The property is in Soulard, where dining, coffee shops and entertainment are described as close by. Its Walk Score is 93. Off-street parking is listed, with gated asphalt parking and a resident turf area planned.
The property is in Soulard, where dining, coffee shops and entertainment are described as close by. Its Walk Score is 93. Off-street parking is listed, with gated asphalt parking and a resident turf area planned.
Key Highlights
- Four residential units, each with 2 bedrooms and 1 bathroom
- 4,946 square feet; built in 1906
- Renovation includes new roof, A/C, furnaces and water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,891
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,057,820
$1.1M
Cap Rate 7%
$755,586
$755.6K
Cap Rate 9%
$587,678
$587.7K
Market Conditions
NOI Build-Up for 4,946 SF
Gross rent
$80.1K $16.20/SF
− Vacancy
−$4.6K −$0.92/SF
EGI
$75.6K $15.28/SF
− OpEx
−$22.7K −$4.58/SF
NOI
$52.9K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,057,820
Cap Rate 7%
$755,586
Cap Rate 9%
$587,678
Alternative Uses
Best Use
Multifamily LT 5
$755.6K
$661.1K – $881.5K
NOI $52,891 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$657.5K
$575.3K – $767.1K
NOI $46,027 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$1.06M
$928.8K – $1.24M
NOI $74,305 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,167
Businesses Nearby
Explore this area
Business Placement
Demographics for 63104, MO
19,317
Population
10,958
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
5,681
Density / Sq Mi
$70,127
Median Household Income
$53,693
Median Earnings
$1,054
Median Rent
$249,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four updated residences each have two bedrooms and one bath, with refreshed kitchens and new major systems.
Where is this quadplex located?
The property is located at 2018 S 9th Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Four residential units, each with 2 bedrooms and 1 bathroom; 4,946 square feet; built in 1906; Renovation includes new roof, A/C, furnaces and water heaters
